Economic Systems (Thomas/Copper/Brown)

This economic systems includes free enterprise with some government control.

Decreasing taxes for small business is an investment in

A tax on goods coming into the country is called

A formal halt to trade between nations is called

A person who takes the risk to start their own business is called

Which of the following is not a man-made trade barrier?

Someone who takes money and talents to start own business is called what?

Which of the following is not a natural trade barrier?

The government controls all aspects of the economy in which system?

How would you define Embargo

What are the 3 basic economic systems?

Producers and consumers make all the economic decisions in which economic system?

Factories, machinery, and technology used to make goods is what?

All countries __________ in producing specific types of goods and providing certain services.

Which economic system is based on customs of the past?

Investment in updating computer technology, machinery and equipment are investments in

A limit on foreign goods coming into the country is called

Health insurance, employee day care, and training are investments in

Which system is a combination of the 3 primary economic systems and is the most-used today?

A scale showing the value of a country's currency in comparison to another country is 

The 3 questions that must be answered by the economic system are

Replanting trees that have been cut down is an investment in

What is placed on imports?

includes only the value of those goods and services produced within a country